Closing the Gap Between When You Want to Retire -- and When You'll Be Able to
Even people who like their jobs often dream about retiring early. But achieving that milestone is easier said than done. In a recent FinanceBuzz survey, respondents were asked the age at which they'd like to retire, and 50 and 55 were the two most common responses. But when asked what age they'd realistically be able to retire, those answers changed to 65 and 70.
Clearly, Americans don't have a lot of confidence in their ability to retire early. But if that's your goal, you should know that with planning, it can be done.
Retiring early is possible if you begin saving for it at an early age -- ideally, as early as your first paycheck. The more time you give your savings to grow, the more wealth you stand to accumulate.
Quelle Fool.com
